DTN Daily Basis Comments

Soybean Basis Weaker; All Wheat Basis Stronger

Mary Kennedy
By  Mary Kennedy , DTN Basis Analyst
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DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $3.12 $0.04 -$0.47 Dec $0.008
Soybeans: $9.04 $0.18 -$0.65 Nov -$0.011
SRW Wheat: $3.98 $0.05 -$0.45 Dec $0.007
HRW Wheat: $3.60 $0.09 -$0.85 Dec $0.024
HRS Wheat: $5.78 -$0.01 -$0.51 Dec $0.019

CORN:

The DTN National Corn Index for Tuesday indicated a national average basis of 47 cents under the Chicago December futures contract, unchanged from Friday's basis.

SOYBEANS:

The DTN National Soybean Index for Tuesday indicated a national average basis of 65 cents under the Chicago November futures contract, 1 cent weaker than Friday's basis.

SOFT RED WINTER WHEAT:

The DTN National Soft Red Winter Wheat Index for Tuesday indicated a national average basis of 45 cents under the Chicago December futures, 1 cent stronger than Friday's basis.

HARD RED WINTER WHEAT:

The DTN National Hard Red Winter Wheat Index for Tuesday indicated a national average basis of 85 cents under the Kansas City December futures contract, 3 cents stronger than Friday's basis.

HARD RED SPRING WHEAT:

The DTN National Hard Red Spring Wheat Index for Tuesday indicated a national average basis of 51 cents under the Minneapolis December futures contract, 2 cents stronger than Friday's basis.

Mary Kennedy can be reached at mary.kennedy@dtn.com

Follow Mary Kennedy on Twitter @MaryCKenn

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Mary Kennedy

Mary Kennedy
Connect with Mary: